Equipment Rent Sample Clauses

Equipment Rent. Lessee shall pay to Lessor, as rent for the lease of the PET Scanner and Ancillary Equipment hereunder, an amount equal to all debt service and other payments, sums and charges due to the Equipment Lender under the Loan Documents (the "Equipment Rent"). The Equipment Rent will be due and payable on each date in each month during the Term hereof that Lessor is required to pay any such debt service, payments, sums and other charges to the Equipment Lender under the Loan Documents, until such time as Lessor's obligations to the Equipment Lender under the Loan Documents have been fully satisfied. If, at any time during the Term of this Lease, Lessor and the Equipment Lender change the terms of the debt service relating to the sums borrowed by Lessor to finance its purchase of the PET Scanner and the Ancillary Equipment, the Equipment Rent shall be adjusted (commencing on the date that any such change becomes effective) by an amount equal to any such modified debt service. All payments of Equipment Rent (and other amounts payable by Lessee under this Lease) shall be paid to Lessor by check at the address of Lessor set forth in Section 12.2 hereof, or at such other address as Lessor shall designate in writing to Lessee at least five (5) business days prior to the due date thereof. All payments of Equipment Rent (and other amounts due under this Lease) shall be paid to Lessor without any deduction, reduction, abatement or set-off unless otherwise agreed to in writing by Lessor.
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Equipment Rent. 3.1 The rent for the use of the Equipment for the period DATE to DATE payable by CHEQUE OR OTHER METHOD to GYPSD shall be AMOUNT ($ NUMBER) payable on the date of commencement of this Agreement, based on an annual rent of AMOUNT ($ NUMBER). Thereafter starting on September 1 the annual rent shall be increased in accordance with the provisions hereinafter set out regarding automatic rent increases and shall be paid annually on each September 1 during the currency of this Agreement or any renewal. The last payment under this Lease or any renewal shall be prorated by dividing the annual rent that would be payable by twelve (12) and multiplying the result by the number of month’s remaining in this Lease or the renewal term as the case may be. (hereinafter referred to as the "Equipment Rent") 3.2 During the Term or at the expiry of the Term of this Agreement, ILNO may purchase the Equipment from GYPSD at the price originally paid by GYPSD as outlined in Schedule "B" attached hereto and forming part of this Agreement.
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Equipment Rent. Lessee shall pay to Lessor, as rent for the lease of the Scanner and Ancillary Equipment hereunder, an amount equal to all debt service and other payments, sums and charges due to the Equipment Lender under the Loan Documents (the "Equipment Rent"). The Equipment Rent will be due and payable on each date in each month during the Term hereof that Lessor is required to pay any such debt service, payments, sums and other charges to the Equipment Lender under the Loan Documents, until such time as Lessor's obligations to the Equipment Lender under the Loan Documents have been fully satisfied. All payments of Equipment Rent (and other amounts payable by Lessee under this Lease) shall be paid to Lessor by check at the address of Lessor set forth in Section 12.2 hereof, or at such other address as Lessor shall designate in writing to Lessee at least five (5) business days prior to the due date thereof. All payments of Equipment Rent (and other amounts due under this Lease) shall be paid to Lessor without any deduction, reduction, abatement or set-off unless otherwise agreed to in writing by Lessor. Lessee hereby grants Lessor a first lien and security interest in the fees payable to it under the License Agreement in order to secure payment to Lessor of the Equipment Rent and the Premises Rent and Additional Premises Rent (as such terms are hereinafter defined). Lessee will execute all UCC financing statements and other instruments requested of it by Lessor to perfect such lien and security interest. In the event of any breach or default by Lessee of its obligations to pay such Equipment Rent, Premises Rent and/or Additional Premises Rent to Lessor hereunder, Lessor shall have, as a non-exclusive remedy therefor, all rights and remedies of a secured creditor under the applicable provisions of the Uniform Commercial Code with respect to the aforementioned lien and security interest.
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Equipment Rent. Subject to the terms and conditions set forth herein, Company and Distributor shall execute and deliver Equipment Schedules (in form and substance as identified on Attachment 1 herein) pursuant to this Master Rent (each, an “Equipment Schedule”) and pursuant to each Equipment Schedule the Company shall rent to Distributor the equipment and other property described on such Equipment Schedule (together with any attachments, replacements, parts, substitutions, repairs, accessions and accessories thereto, and software incorporated therein, the "Equipment”). Each Equipment Schedule will incorporate by reference this Master Rent and will specify certain terms relating to the renting of the Equipment (this Master Rent as incorporated into each Equipment Schedule, a “Rent”). Each Equipment Schedule, together with this Master Rent, shall constitute a separate and enforceable Rent. In the event that any term of any Equipment Schedule conflicts with or is inconsistent with any term of this Master Rent, the terms of the Equipment Schedule shall govern. As used herein, the term “Item of Equipment”, as it relates to any Equipment, shall have the meaning specified in the Equipment Schedule relating to such Equipment and if no such meaning is specified therein, “Item of Equipment” shall mean the Equipment as a whole.
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Equipment Rent. The Sublessee shall pay to CROET equipment rental, for the PSP, according to the following terms: (1) $ [Confidential Treatment Requested] per month until the equipment becomes operational. (2) $ [Confidential Treatment Requested] per month after the equipment becomes operational, whether or not it continues in operation.
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Equipment Rent. All conditions of equipment rent are described in the contract, with which the Customer agrees at the time of payment. For the rent period all property rights for the leased equipment belong to ECOS-M and not transferred to the Customer. In case of equipment rent ECOS-M is fully responsible for the equipment maintenance and issues related to equipment breakdown do not affect the Customer’s income accrual under the Contract.
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Equipment Rent. 3.1 The rent for the use of the Equipment for the period DATE to DATE payable by CHEQUE OR PAYMENT TYPE to GYPSD shall be AMOUNT ($AMOUNT) payable on the date of commencement of this Agreement, based on an annual rent of AMOUNT ($AMOUNT) Thereafter starting on September 1 the annual rent shall be increased in accordance with the provisions hereinafter set out regarding automatic rent increases and shall be paid annually on each September 1 during the currency of this Agreement or any renewal. The last payment under this Lease or any renewal shall be prorated by dividing the annual rent that would be payable by twelve (12) and multiplying the result by the number of month’s remaining in this Lease or the renewal term as the case may be. (hereinafter referred to as the "Equipment Rent") 3.2 The Equipment rent shall automatically increase on the first day of September in each year during the currency of this Agreement or any renewal. The amount of the increase shall be calculated on the annual rent in effect on the day prior to the first day of the renewal period. 3.3 The increase in the Equipment rent referred to under Article 4.3 3.3 shall be the cumulative percentage increase in the general Consumer Price Index (CPI) for Canada over the period prior to the first day of the renewal period. The determination of the increase in the CPI shall be made by GYPSD using information and the calculator published by Statistics Canada on its web site, which calculation shall be conclusive and shall be accepted by both Parties. 3.4 Shall pay the Equipment rent when due in full without any set off, abatement or deduction for any reason. 3.5 The Equipment rent shall be paid to GYPSD at its address set out hereinafter unless ILNO is directed otherwise in writing.
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Equipment Rent 
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Related to Equipment Rent

  • Equipment Rental Copies of rental agreements for the equipment used, including the rental rate; and the number of hours the equipment was used on the project.

  • Base Rent Lessee shall pay Base Rent and other rent or charges, as the same may be adjusted from time to time, to Lessor in lawful money of the United States, without offset or deduction, on or before the day on which it is due under the terms of this Lease. Base Rent and all other rent and charges for any period during the term hereof which is for less than one full month shall be prorated based upon the actual number of days of the month involved. Payment of Base Rent and other charges shall be made to Lessor at its address stated herein or to such other persons or at such other addresses as Lessor may from time to time designate in writing to Lessee.

  • Office Space, Equipment and Facilities Provide such office space, office equipment and office facilities as are adequate to fulfill the Adviser’s obligations hereunder.

  • LESSOR'S ACCESS; SHOWING PREMISES; REPAIRS Lessor and Lessor's agents shall have the right to enter the Premises at any time, in the case of an emergency, and otherwise at reasonable times for the purpose of showing the same to prospective purchasers, lenders, or lessees, and making such alterations, repairs, improvements or additions to the Premises or to the Building, as Lessor may reasonably deem necessary. Lessor may at any time place on or about the Premises or Building any ordinary "For Sale" signs and Lessor may at any time during the last one hundred eighty (180) days of the term hereof place on or about the Premises any ordinary "For Lease" signs. All such activities of Lessor shall be without abatement of rent or liability to Lessee.

  • Basic Rent The periodic rent payable for the Aircraft throughout the Basic Term pursuant to Section 3.02 of the Lease, adjusted pursuant to Article 3 of the Lease. Basic Term. The period commencing at the beginning of the day on the Delivery Date and ending at the end of the day on July 15, 2023, or such earlier date on which the Lease shall be terminated as provided therein.